Rent Benchmarks
Estimated average rent per square foot for warehouse/flex and retail space in Gainesville, Haymarket, Leesburg, and the broader Northern Virginia market.
โ ๏ธ Market estimates
Rates change quickly and vary by exact submarket, building class, and lease terms. Treat these as planning numbers; get current broker quotes before making decisions.
Warehouse / flex / industrial space
| Market | Avg $/sq ft/year | Typical size range | Notes |
|---|---|---|---|
| Haymarket / Gainesville industrial | $6.00 โ $10.00 | 2,000โ10,000 sq ft | Lower-cost flex space; good for contractor will-call and storage. |
| Leesburg / Loudoun flex | $8.00 โ $13.00 | 2,500โ8,000 sq ft | Nicer buildings, higher finish, closer to affluent homeowners. |
| Manassas / Bristow industrial | $7.00 โ $11.00 | 3,000โ15,000 sq ft | Alternate option if Gainesville/Haymarket inventory is tight. |
| Fairfax County industrial | $10.00 โ $16.00 | 2,000โ6,000 sq ft | Higher rent but more central to DC/Arlington market. |
Retail / showroom space
| Market | Avg $/sq ft/year | Typical size range | Notes |
|---|---|---|---|
| Leesburg retail corridors | $22.00 โ $32.00 | 1,500โ4,000 sq ft | Higher income area; better for walk-in showroom traffic. |
| Gainesville retail strips | $18.00 โ $28.00 | 1,500โ3,500 sq ft | Strong residential growth; newer retail inventory. |
| Haymarket / Route 15 retail | $16.00 โ $26.00 | 1,500โ3,500 sq ft | Less dense, but lower rent and good highway visibility. |
| Fairfax / Arlington retail | $28.00 โ $45.00+ | 1,000โ3,000 sq ft | Prime market; much higher rent and parking constraints. |
Monthly rent examples
Based on the warehouse/flex range preferred for this business model:
| Size | @ $7/sq ft/yr | @ $10/sq ft/yr | @ $13/sq ft/yr |
|---|---|---|---|
| 2,500 sq ft | $1,458/mo | $2,083/mo | $2,708/mo |
| 4,000 sq ft | $2,333/mo | $3,333/mo | $4,333/mo |
| 6,000 sq ft | $3,500/mo | $5,000/mo | $6,500/mo |
NNN / CAM considerations
Many industrial and retail leases are "NNN" (triple net), meaning the tenant pays base rent plus a share of property taxes, insurance, and common-area maintenance. These can add $1.50โ$4.00/sq ft/year on top of the quoted base rent. Always ask the landlord or broker for the "all-in" or "effective" rent.
Why a warehouse beats retail at launch
- Lower cost: often 50โ70% less per square foot than retail.
- More storage: buy inventory in bulk, keep sample books on-site, store slat panels.
- Contractor-friendly: parking, loading, and will-call pickups are easier.
- Buildout flexibility: fewer finish requirements than a retail storefront.
- Hybrid model: you can still add a front showroom/office for appointment shopping.
Where to search
- LoopNet โ commercial listings
- CoStar โ broker-grade data (paid)
- Craigslist โ small warehouse subleases
- Local commercial brokers in Manassas, Leesburg, and Gainesville
- Drive the industrial parks near Route 15 and I-66 for "For Lease" signs